Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / November 15, 2010, 7:40 am

Discount retailer Loehmann's files for bankruptcy

DUBAI, United Arab Emirates -- U.S. discount retailer Loehmann's is filing for bankruptcy after its Dubai government-linked owner failed to reach a debt-extension deal with creditors. Loehmann's says the Chapter 11 filing Monday in the U.S. Bankruptcy ... (Source: Forbes 2010-11-15T13:42:52Z)

Business Chinese banks to play role in General Motors IPO

DETROIT (AP) Among the banks helping General Motors with its initial public stock offering next week are two identified by initials only: ICBC and CICC. Americans uncomfortable with U.S. government ownership of General Motors may want to hear more: One of ... (Source: Star-Democrat 2010-11-15T13:35:42Z)

Early Cyber Monday Deals Launching on CouponCodes4U.com

NEW YORK, NEW YORK -- (Marketwire) -- 11/15/10 -- Couponcodes4u, one of the leading online provider of coupons in America is all set to enhance the Cyber Monday deals : for its customers. With discounts reaching as high as 45% Cyber Monday is going to be ... (Source: PR Inside 2010-11-15T13:14:14Z)

Nepal shelves 17th round of premier election after court order

Kathmandu - The Nepalese parliament's 17th attempt to elect a prime minister was postponed Monday as the country was faced not only with a political stalemate but also an expiring budget. The postponement of Monday's vote until Friday came as the ... (Source: Earthtimes 2010-11-15T12:24:07Z)

AG Mike Cox conditionally approves DMC-Vanguard deal

DETROIT (AP) — Michigan Attorney General Mike Cox has conditionally approved the proposed sale of the nonprofit Detroit Medical Center to for-profit Vanguard Health Systems Inc. Cox said in a release Saturday the sale to Nashville, Tenn.-based Vanguard ... (Source: Crain's Detroit Business 2010-11-15T02:01:21Z)

Contreras coming back?

While nearly all of the talk concerning the Phillies lately has been centered on Jayson Werth, the team's bigger objective this winter is to restock the bullpen. The Phils have only three veteran relievers signed for 2011, in Brad Lidge, Ryan Madson and ... (Source: Delaware County Daily Times 2010-11-15T12:02:39Z)

Dubai World retailer Loehmann's files for bankruptcy in US; Chapter 11 filing is prepackaged

DUBAI, UNITED ARAB EMIRATES — U.S. discount retailer Loehmann's is filing for bankruptcy after its Dubai government-linked owner failed to reach a debt-extension deal with creditors. Loehmann's says the Chapter 11 filing Monday in the U.S. Bankruptcy ... (Source: San Francisco Examiner 2010-11-15T13:35:42Z)

Situation in Michigan exposes the religious right's greatest fear - strong lgbt youth

An amazing and positive incident took place recently in Michigan : Jay McDowell, a teacher in Howell, Michigan, was temporarily suspended without pay earlier this month after telling a student wearing a Confederate flag and a student making anti-gay ... (Source: Huffingtonpost.com 2010-11-15T12:45:36Z)

Wal-Mart to open most stores at midnight on Black Friday, plans $298 laptop, $198 TV deal

NEW YORK - Wal-Mart plans to open most of its stores at midnight on Thanksgiving night, the company said Monday, becoming the latest in a series of retailers to expand hours to lure in shoppers who want to get a head-start on holiday bargain shopping. The ... (Source: Minneapolis Star Tribune 2010-11-15T14:47:17Z)

Discount Retailer Loehmann's Files for Bankruptcy Protection

Loehmann's Holdings Inc., filed for bankruptcy after failing to exchange $110 million of bonds, Bloomberg News reported. "The decline in economic conditions in several markets in which Loehmann's stores are concentrated, mainly California, the Northeast ... (Source: Daily Finance 2010-11-15T13:14:14Z)

Reports: Eddie Bonine leaves Tigers, joins Phillies

Detroit — Eddie Bonine is officially an ex-Tiger. Fox Sports reported Friday afternoon that the right-hander had agreed to terms with the Phillies on a minor league deal. MLB.com followed up by reporting the Tigers made a "last-minute push" to bring him ... (Source: Detroit News 2010-11-13T02:25:12Z)

Phillies, Contreras nearing two-year deal

PHILADELPHIA -- Jose Contreras is one free agent the Phillies want to see in red pinstripes in 2011. They could be close. ESPNDeportes.com reported Sunday night that the Phillies are nearing a two-year, $5 million contract with Contreras. The report also ... (Source: Major League Baseball 2010-11-15T06:26:13Z)

Gay Teenager Shames Adults With Public Showing of Intelligence, Compassion

Graeme Taylor, a fourteen-year-old high school student, took the podium at a school board meeting in Michigan to speak out in favor of Jay McDowell, a teacher suspended after a heated exchange with two students over the Confederate flag and gay rights ... (Source: Village Voice (blog) 2010-11-14T21:00:42Z)

Flyers sign Carter to 11-year, $58 million deal

The decision, Jeff Carter said, wasn't really a tough one. He could have signed a 1-year contract extension and tested the free agency waters in 2012 - or he could sign a long-term deal with the Flyers now, most likely becoming a Flyer for life. On ... (Source: Philadelphia Daily News 2010-11-15T07:59:16Z)

PAC to seek clarification from PM on airplane purchase scandal

The Public Accounts Committee (PAC) of the legislative parliament on Monday decided to ask Prime Minister Madhav Kumar Nepal to furnish clarification vis-a-vis the controversial Nepal Airlines Corporation (NAC) airplane purchase deal. The PAC meeting urged ... (Source: Nepalnews.com 2010-11-15T10:22:26Z)

Searching for holiday deals? Timing is key

NEW YORK - Before you head into the final stretch before the holiday rush, when stores lose all subtlety in the ways they push gift-buying, you may wonder whether to pass up November bargains in the hope that some prices will keep falling. Last year, most ... (Source: The Ledger 2010-11-15T14:25:49Z)

Tina Brown And Sidney Harman Discuss Newsweek-Daily Beast Merger On 'Reliable Sources ...

Tina Brown, editor-in-chief of The Daily Beast, and Sidney Harman, owner of Newsweek , appeared on CNN's "Reliable Sources" on Sunday to discuss the merger of the two companies , and they hinted at some of the changes that may be in store. Host Howard ... (Source: Huffingtonpost.com 2010-11-14T18:16:04Z)

NHL: Flyers keep rolling with win over Panthers

Mike Richards and Claude Giroux scored two goals apiece and rookie Sergei Bobrovsky made 34 saves in the surging Philadelphia Flyers' 5-2 victory over the Florida Panthers on Saturday night. Scott Hartnell also scored for the Atlantic Division leading ... (Source: San Jose Mercury News 2010-11-14T06:41:43Z)

Cox: DMC, Vanguard deal could save a struggling institution

The sale of the Detroit Medical Center to a for-profit Nashville firm is fair, protects community commitments and saves an institution with an uncertain future, Michigan's Attorney General has concluded. In an exhaustive report released today, Mike Cox ... (Source: Detroit Free Press 2010-11-13T19:28:50Z)

Walmart's 5 a.m. Black Friday Deals -- Revealed!

Washington, D.C. (November 15, 2010) -- Walmart today revealed that it will dramatically slash prices on select electronics products at 5 a.m. on Black Friday. The deals will include a 32-inch LCD HDTV for $198. The discount retailer said most stores will ... (Source: TVPredictions.com 2010-11-15T12:24:07Z)

Cox: Vanguard deal maintains DMC's community ties

Michigan Attorney General Mike Cox gave for-profit Vanguard Health Systems Inc. conditional approval Saturday to buy the nonprofit Detroit Medical Center. The attorney general's office released an 85-page report, in which Cox approved the $1.5 billion deal ... (Source: Detroit News 2010-11-15T06:33:22Z)

Jeff Carter, Flyers agree to long-term contract extension

The star forward signed a long contract extension on Saturday. Terms of the deal weren't announced, but multiple media reports said it is for 11 years and $58 million. The 25-year-old Carter could have become a restricted free agent on July 1. "He's an ... (Source: USA Today 2010-11-14T00:22:19Z)

Nepal PM poll postponed, political parties set for budget deal

Nepal's 17th run-off poll for a new prime minister was put off today with no clear winner expected in Parliament as in the previous series of elections, but the political parties inched closer to a deal to approve the delayed budget amid fears of a ... (Source: Hindustan Times 2010-11-15T13:50:01Z)

Fourteen-Year-Old Michigan Student Awesomely Stands Up for Suspended, Gay-Defending Teacher

Jay McDowell, a teacher in Howell, Michigan, was temporarily suspended without pay earlier this month after telling a student wearing a Confederate flag and a student making anti-gay remarks to get out of his class. At a school-board meeting on Friday ... (Source: Nymag.com 2010-11-15T05:07:28Z)

SAIC to take GM stake if China approves-sources

By Kevin Krolicki, Soyoung Kim and Clare Baldwin DETROIT/NEW YORK (Reuters) - China's SAIC Motor Corp Ltd <600104.SS> has reached an agreement in principle to take a stake in General Motors Co <GM.N> if Chinese regulators approve a deal to deepen an ... (Source: msnbc.com 2010-11-14T21:15:01Z)

Wal-Mart to open most stores at midnight on Black Friday

NEW YORK - Wal-Mart says most of its stores will be open at midnight on the day after Thanksgiving. It's latest retailer to expand its hours to lure in shoppers who want to get a head-start on holiday bargain shopping. It also is offering shoppers a sneak ... (Source: Minneapolis Star Tribune 2010-11-15T14:11:30Z)

SAIC to take GM stake if China approves: source (Reuters)

Reuters - China s SAIC Motor Corp Ltd (600104.SS) has reached a deal in principle to take a stake in General Motors Co if Chinese regulators approve the deal that would deepen an existing alliance between the two automakers, a person familiar with the ... (Source: Buzz Log (blog) 2010-11-14T21:29:20Z)

Newsweek, Daily Beast Join With Tina Brown At Helm

The Daily Beast online news site says it has reached a deal to merge with Newsweek magazine. In a posting on its website Thursday, The Daily Beast's editor-in-chief Tina Brown says the two outlets will partner to create The Newsweek Daily Beast Company ... (Source: NPR News 2010-11-12T16:02:26Z)

Wal-Mart expands Black Friday hours, unveils deals

NEW YORK (AP) -- Wal-Mart plans to open most of its stores at midnight the day after Thanksgiving, the company said Monday, becoming the latest in a series of retailers to expand hours to lure in shoppers who want to get a head-start on holiday bargain ... (Source: Yahoo Finance 2010-11-15T14:54:27Z)

Daily Beast, Newsweek reach deal to join

Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the making. Three months after agreeing to buy the money-losing weekly for $1, audio equipment magnate Sidney ... (Source: AP - msnbc.com 2010-11-12T22:28:59Z)

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